Fine Organic Industries (BOM:541557) EBIT : ₹5,466 Mil (TTM As of Mar. 2024)

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What is Fine Organic Industries EBIT?

Fine Organic Industries's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ₹1,504 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₹5,466 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Fine Organic Industries's annualized ROC % for the quarter that ended in Mar. 2024 was 43.17%. Fine Organic Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 84.64%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Fine Organic Industries's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 4.36%.

Fine Organic Industries EBIT Historical Data

The historical data trend for Fine Organic Industries's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Fine Organic Industries EBIT Chart

Fine Organic Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

EBIT

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2,199.29

1,673.73

3,552.23

8,455.62

5,465.55

Fine Organic Industries Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
EBIT	Get a 7-Day Free Trial															2,017.09	1,432.36	1,329.94	1,199.65	1,503.60

Competitive Comparison of Fine Organic Industries's EBIT

For the Specialty Chemicals subindustry, Fine Organic Industries's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Fine Organic Industries's EV-to-EBIT Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Fine Organic Industries's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Fine Organic Industries's EV-to-EBIT falls into.

Fine Organic Industries EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹5,466 Mil.

Fine Organic Industries (BOM:541557) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Fine Organic Industries's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

	ROC % (Q: Mar. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2023 )	+	Invested Capital (Q: Mar. 2024 ))	/ count )
=	5128.148 * ( 1 - 23.55% )	/	( (0	+	9081.172)	/ 1 )
=	3920.469146	/	9081.172
=	43.17 %

where

	Invested Capital		(Q: Dec. 2023 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	0	-	0	-	( 0	-	max(0, 0	-	0	+	0	))
=	0

	Invested Capital		(Q: Mar. 2024 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	21077.683	-	1503.993	-	( 10492.518	-	max(0, 1842.496	-	16822.452	+	10492.518	))
=	9081.172

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

Fine Organic Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2023		Q: Mar. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	6014.416	/	( ( (0 + max(0, 0))	+	(2607.683 + max(4498.531, 0)) )	/	1 )
=	6014.416	/	( ( 0	+	7106.214 )	/	1 )
=	6014.416	/	7106.214
=	84.64 %

where Working Capital is:

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0)	-	(0	+	0	+	0)
=	0

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(3113.121	+	2608.922	+	601.362)	-	(1503.993	+	0	+	320.881)
=	4498.531

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Fine Organic Industries's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	5465.544	/	125430.215
	=	4.36 %

Fine Organic Industries EBIT Related Terms

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Fine Organic Industries (BOM:541557) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Fine Organic Industries Ltd (BOM:541557) » Definitions » EBIT

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Traded in Other Exchanges

FINEORG:India

Address

Anandji Street, Off M. G. Road, Fine House, Ghatkopar (East), Mumbai, MH, IND, 400 077

Website

https://www.fineorganics.com

Fine Organic Industries Ltd is an Indian company engaged in the business of manufacturing oleo chemical-based additives. The company produces specialty additives for foods, plastics, rubbers, paints, inks, cosmetics, coatings, textile auxiliaries, and several other specialty applications.

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